Klamath Falls, OR is an exciting city nestled in the Klamath Basin of Southern Oregon. It is a great place to live due to its affordable cost of living; the 2 bedroom rent in Klamath Falls is $960 while the national average for 2 bedroom rent is $1,430. The Grocery Cost Index in Klamath Falls is 97 compared to 100 in the US. In addition to its affordability, Klamath Falls has numerous attractions and businesses. The city is home to many local companies such as Anderson's Store, Southside Bar & Grill, and Central Point Irrigation District. Attractions include Crater Lake National Park which offers breathtaking views of clear blue waters situated atop a volcanic caldera, Fort Klamath Museum which displays artifacts from Native American tribes who lived on the land before settlers arrived, and world-class hiking at Collier Memorial State Park.
Klamath Falls has an unemployment rate of 8.4%. The US average is 6.0%.
Klamath Falls has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Klamath Falls
- The Sales Tax Rate for Klamath Falls is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Klamath Falls is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Klamath Falls
- The average income of a Klamath Falls resident is $20,495 a year. The US average is $28,555 a year.
- The Median household income of a Klamath Falls resident is $42,047 a year. The US average is $69,021 a year.